bg
Chcę wiedzieć o...
Strona główna
ENG
Compensation agencies criticize the propositions to regulate their business

Compensation agencies criticize the propositions to regulate their business

Dodano: 2018-07-10

Polish senators have prepared new legal regulations for  compensation agencies. They include a maximum provision rate for these entities from their clients, duty to purchase professional indemnity insurance and direct payment of compensation to injured parties by insurers. Read more: Senators work on regulations concerning compensation agencies

The sector’s representatives criticize the proposition of the new regulations. According to them, implementation of these solutions may cause smaller entities to have problems with maintaining the profitability of their business. It may lead to growing consolidation on the market or bankruptcy of small agencies. This is very probably due to the tough business situation on the market. Entities have noted decreased profits and a lot of companies have looked for new niches to develop their business.

“The market of compensation agencies is in recession. Financial results of the companies after 2017 are lower by 50% than a year before. In 2017 all compensation advisers obtained PLN 500 mln from insurance companies. This amount decreases every year”, says Jolanta Zendran, a vicepresident of Europejskie Centrum Odszkodowań EuCO.

The agencies also criticize the rule of direct payment of compensation to injured parties by insurers. It envisages that the provision for compensation advisor will be paid by clients. Currently the obtained compensation is transferred to an agency which takes the honorarium and the rest of the amount is paid into a client account. Advisors are afraid of low rate of recovery. According to them, a better solution was proposed by the Financial Ombudsman. Compensation is divided by an insurance company as compensation for clients and fee for an adviser and next transferred directly into the account of the client and into the account of the compensation agency. Read more: Financial ombudsman wants to regulate a compensation advisor profession

 

Artykuły powiązane

ZUS odzyskał ponad 150 mln zł dzięki kontrolom zwolnień lekarskich w pierwszej połowie 2025 roku

W pierwszych sześciu miesiącach 2025 roku Zakład Ubezpieczeń Społecznych zdołał odzyskać aż 150,5 mln zł poprzez dokładn...

VAT w odszkodowaniu z OC – decyzja Sądu Najwyższego przesunięta na wrzesień

Sąd Najwyższy odroczył do 24 września 2025 roku podjęcie uchwały, która miała rozstrzygnąć, czy podatek VAT powinien być...

Zastrzeżony PESEL a ubezpieczenie OC – koniec z polisami na cudze dane

Od 27 listopada 2025 roku w życie wejdą przepisy, które umożliwią ubezpieczycielom sprawdzanie, czy numer PESEL osoby ub...